| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $119M | $137M | 22.3% | 5.9% |
| Op. Income | -$7M | -$36M | -$17M | 80.4% | 57.3% |
| Gross Margin | 55.5% | 47.6% | 54.7% | 7.9pp | 0.8pp |
| Net Margin | 34.0% | -25.9% | -14.5% | 59.9pp | 48.5pp |
| EPS (Diluted) | $0.45 | $-0.29 | $-0.20 | 255.2% | 325.0% |
| Free Cash Flow | $7M | $16M | -$28M | -54.8% | 125.8% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $81M |
| R&D Expenses | $35M |
| Selling & Marketing | $29M |
| General & Administrative | $12M |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $77M |
| Cost & Expenses | $141M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $62M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $16M |
| EBIT | $56M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $169.0K |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$387.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $155M |
| Inventory | $17M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $68M |
| Goodwill | $389M |
| Intangible Assets | $238M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $726M |
| TOTAL ASSETS | $977M |
| Account Payables | $33M |
| Short-Term Debt | $38M |
| Deferred Revenue | $97M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $627M |
| Minority Interest | $0 |
| TOTAL EQUITY | $627M |
| TOTAL LIABILITIES & EQUITY | $977M |
| Total Debt | $133M |
| Net Debt | $82M |
